Planning for Innovation

Careful planning is essential for successful innovation.

Every organization needs to innovate to keep pace with a changing world. But unless you know where, what and why you want to change, your blueprint for innovation will come to nothing. Careful planning is essential for successful innovation.

Developing a road map for change, or an innovation strategy, can help your organization to stay ahead of the competition over the long term. Any innovation project involves resources - money, time, employees' skills -- and you need to spend these wisely if an innovation is to be worthwhile.

ACTION POINT: Are you keeping pace with the changing world?